The North America Elderly Walker Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030).
The rise in the elderly population will likely be accompanied by an increase in the prevalence of Parkinson's and arthritic illness, an increase in accidents, and an increase in surgical operations. Additionally, it is anticipated that the market would rise during the forecast period due to attractive reimbursement frameworks, regulatory regulations, and efforts done by public and private organizations to promote the use of geriatric walkers.
As the population ages, caregiving will confront significant challenges. One of the problems that the aging population struggles with the most is the lack of mobility. Personal assistance mobility devices are in great demand to preserve the freedom of the elderly. Due to how simply they make use of a user's remaining mobility, walkers are one of the most well-liked categories of assistive technology. Standing also has substantial psychological benefits, such as maintaining social connections and self-worth, in addition to its physical benefits.
The CDC reports that 24% of American adults, or 58.5 million individuals, have arthritis. With yearly expenditures for medical treatment and unpaid wages of $303.5 billion, it is a primary cause of work impairment. Their ability to work may be restricted by arthritis, or they may be unable to work at all. According to the Canadian Government, females are more likely to be diagnosed with rheumatoid arthritis (1.7% and 1.0 per 1,000 people per year, respectively) than males (0.8% and 0.5 per 1,000 people per year, respectively). These statistics normally rise with age. It is anticipated that the increased number of arthritis cases and the region's aging population would increase demand for elderly walkers and lead to market growth.
The US market dominated the North America Elderly Walker Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $541.6 million by 2030. The Canada market is poised to grow at a CAGR of 8.7% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 7.8% during (2023 - 2030).
Based on End-use, the market is segmented into Hospitals, Home Care, and Others. Based on Type, the market is segmented into Rollators, Knee Walkers, and Standard Walkers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Elderly Walker Market is Projected to reach USD 2.3 Billion by 2030, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), Compass Health Brands Corporation (Carex Health Brands), Medline Industries, Inc., Briggs Healthcare Corporation, Topro Industrie AS, GF Health Products, Inc., Nova Medical Products, Kaye Products, Inc. and Just Walkers.
Scope of the Study
Market Segments Covered in the Report:
By End Use
- Hospitals
- Home Care
- Others
By Type
- Rollators
- Knee Walkers
- Standard Walkers
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Invacare Corporation
- Drive DeVilbiss Healthcare (Medical Depot, Inc.)
- Compass Health Brands Corporation (Carex Health Brands)
- Medline Industries, Inc.
- Briggs Healthcare Corporation
- Topro Industrie AS
- GF Health Products, Inc.
- Nova Medical Products
- Kaye Products, Inc.
- Just Walkers
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Elderly Walker Market, by End User
1.4.2 North America Elderly Walker Market, by Type
1.4.3 North America Elderly Walker Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Elderly Walker Market by End-use
3.1 North America Hospitals Market by Country
3.2 North America Home Care Market by Country
3.3 North America Others Market by Country
Chapter 4. North America Elderly Walker Market by Type
4.1 North America Rollators Market by Country
4.2 North America Knee Walkers Market by Country
4.3 North America Standard Walkers Market by Country
Chapter 5. North America Elderly Walker Market by Country
5.1 US Elderly Walker Market
5.1.1 US Elderly Walker Market by End-use
5.1.2 US Elderly Walker Market by Type
5.2 Canada Elderly Walker Market
5.2.1 Canada Elderly Walker Market by End-use
5.2.2 Canada Elderly Walker Market by Type
5.3 Mexico Elderly Walker Market
5.3.1 Mexico Elderly Walker Market by End-use
5.3.2 Mexico Elderly Walker Market by Type
5.4 Rest of North America Elderly Walker Market
5.4.1 Rest of North America Elderly Walker Market by End-use
5.4.2 Rest of North America Elderly Walker Market by Type
Chapter 6. Company Profiles
6.1 Invacare Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Product and Regional Analysis
6.1.4 Research & Development Expenses
6.2 Drive DeVilbiss Healthcare (Medical Depot, Inc.)
6.2.1 Company Overview
6.3 Compass Health Brands Corporation (Carex Health Brands)
6.3.1 Company Overview
6.4 Medline Industries, Inc.
6.4.1 Company Overview
6.5 Briggs Healthcare Corporation
6.5.1 Company Overview
6.6 Topro Industri AS
6.6.1 Company Overview
6.6.2 Recent Strategies and Developments:
6.6.2.1 Acquisition and Mergers:
6.7 GF Health Products, Inc.
6.7.1 Company Overview
6.8 Nova Medical Products
6.8.1 Company Overview
6.9 Kaye Products, Inc.
6.9.1 Company Overview
6.10. Just Walkers
6.10.1 Company Overview
TABLE 1 North America Elderly Walker Market, 2019 - 2022, USD Million
TABLE 2 North America Elderly Walker Market, 2023 - 2030, USD Million
TABLE 3 North America Elderly Walker Market by End-use, 2019 - 2022, USD Million
TABLE 4 North America Elderly Walker Market by End-use, 2023 - 2030, USD Million
TABLE 5 North America Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Home Care Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Home Care Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Elderly Walker Market by Type, 2019 - 2022, USD Million
TABLE 12 North America Elderly Walker Market by Type, 2023 - 2030, USD Million
TABLE 13 North America Rollators Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Rollators Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Knee Walkers Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Knee Walkers Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Standard Walkers Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Standard Walkers Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Elderly Walker Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Elderly Walker Market by Country, 2023 - 2030, USD Million
TABLE 21 US Elderly Walker Market, 2019 - 2022, USD Million
TABLE 22 US Elderly Walker Market, 2023 - 2030, USD Million
TABLE 23 US Elderly Walker Market by End-use, 2019 - 2022, USD Million
TABLE 24 US Elderly Walker Market by End-use, 2023 - 2030, USD Million
TABLE 25 US Elderly Walker Market by Type, 2019 - 2022, USD Million
TABLE 26 US Elderly Walker Market by Type, 2023 - 2030, USD Million
TABLE 27 Canada Elderly Walker Market, 2019 - 2022, USD Million
TABLE 28 Canada Elderly Walker Market, 2023 - 2030, USD Million
TABLE 29 Canada Elderly Walker Market by End-use, 2019 - 2022, USD Million
TABLE 30 Canada Elderly Walker Market by End-use, 2023 - 2030, USD Million
TABLE 31 Canada Elderly Walker Market by Type, 2019 - 2022, USD Million
TABLE 32 Canada Elderly Walker Market by Type, 2023 - 2030, USD Million
TABLE 33 Mexico Elderly Walker Market, 2019 - 2022, USD Million
TABLE 34 Mexico Elderly Walker Market, 2023 - 2030, USD Million
TABLE 35 Mexico Elderly Walker Market by End-use, 2019 - 2022, USD Million
TABLE 36 Mexico Elderly Walker Market by End-use, 2023 - 2030, USD Million
TABLE 37 Mexico Elderly Walker Market by Type, 2019 - 2022, USD Million
TABLE 38 Mexico Elderly Walker Market by Type, 2023 - 2030, USD Million
TABLE 39 Rest of North America Elderly Walker Market, 2019 - 2022, USD Million
TABLE 40 Rest of North America Elderly Walker Market, 2023 - 2030, USD Million
TABLE 41 Rest of North America Elderly Walker Market by End-use, 2019 - 2022, USD Million
TABLE 42 Rest of North America Elderly Walker Market by End-use, 2023 - 2030, USD Million
TABLE 43 Rest of North America Elderly Walker Market by Type, 2019 - 2022, USD Million
TABLE 44 Rest of North America Elderly Walker Market by Type, 2023 - 2030, USD Million
TABLE 45 Key Information – Invacare Corporation
TABLE 46 Key Information – Drive DeVilbiss Healthcare
TABLE 47 Key Information – Compass Health Brands Corproation
TABLE 48 Key Information – Medline Industries, Inc.
TABLE 49 Key Information – Briggs Healthcare Corporation
TABLE 50 Key Information – Topro Industri AS
TABLE 51 Key Information – GF Health Products, Inc.
TABLE 52 Key Information – Nova medical products
TABLE 53 Key Information – Kaye Products, Inc.
TABLE 54 Key Information – Just Walkers
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Elderly Walker Market share by End-use, 2022
FIG 3 North America Elderly Walker Market share by End-use, 2030
FIG 4 North America Elderly Walker Market by End-use, 2019 - 2030, USD Million
FIG 5 North America Elderly Walker Market share by Type, 2022
FIG 6 North America Elderly Walker Market share by Type, 2030
FIG 7 North America Elderly Walker Market by Type, 2019 - 2030, USD Million
FIG 8 North America Elderly Walker Market share by Country, 2022
FIG 9 North America Elderly Walker Market share by Country, 2030
FIG 10 North America Elderly Walker Market by Country, 2019 - 2030, USD Million